#213. SafeMoon (SAFEMOON)
Price of 1 SafeMoon (SAFEMOON) = $0.000002 AUD
SafeMoon Protocol is a decentralized finance (DeFi) token. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition and Burn. SafeMoon protocol is a combination of RFI tokenomics and an auto-liquidity generating protocol. According to an article, SafeMoon plans to develop a non-fungible token (NFT) exchange, as well as charity projects and crypto educational apps. With SafeMoon protocol, token holders will earn more SAFEMOON depending on how many coins they have. This can be up to an 80% APY, which is staggering when compared to traditional interest accounts. SafeMoon protocol will gain value over time thanks to its coin-burning strategy, making it a deflationary digital currency.
SAFEMOON Price Analysis
The price of SAFEMOON has gone down -1.21% in the past 24 hours.
Information & prices last updated 41 minutes ago. For latest SafeMoon prices and information visit coinmarketcap.com
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5 months ago by Cointelegraph
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5 months ago by Robert Drage
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